Hi team,
Another very quick and simple scalp.
My last two trades on this pair have yielded TP.
Looking to see if we break current lowest low for new short position at local support level.
The pound has been driven down against the dollar almost all year, and I would expect to see a bullish rejection soon - in the mean time, let's see if we can squeeze a little more out!
Keep SL tight for a reason - if we are wrong, we only want to lose a little and not give back to the market.
Good luck, Trade safe
DrBear
Another very quick and simple scalp.
My last two trades on this pair have yielded TP.
Looking to see if we break current lowest low for new short position at local support level.
The pound has been driven down against the dollar almost all year, and I would expect to see a bullish rejection soon - in the mean time, let's see if we can squeeze a little more out!
Keep SL tight for a reason - if we are wrong, we only want to lose a little and not give back to the market.
Good luck, Trade safe
DrBear
Trade closed: target reached:
TP hit. AGAIN!!
